Global Institute articles
Articles providing critical insights and analysis on monetary policy issues impacting the U.S. economy and its deep financial and economic relationship with Mexico.
Southwest Economy
Development bank funds border infrastructure to aid U.S.–Mexico trade
Calixto Mateos, former managing director of the North American Development Bank, discusses his work at the NADBank and its role enhancing trade.
March 22, 2024
Demographic Transition, Industrial Policies and Chinese Economic Growth
This paper builds a unified framework to quantitatively examine how demographic transition and industrial policies have contributed to China’s economic growth in the past five decades.
February 07, 2024
Mexico’s economy shows mixed signals toward end of 2023
Mexico’s economy likely grew more than 3 percent in 2023 as the proxy for monthly GDP increased for the ninth consecutive month in November.
January 19, 2024
Dallas Fed Economics
U.S. 30-year mortgage predominance doesn’t seem to delay impact of Fed rate hikes
After comparing economic data of the U.S. and other major advanced economies, we find tentative evidence that the slow adjustment of the outstanding mortgage rate in the U.S. has not played an important role in delaying the intended effects of the monetary tightening.
January 16, 2024
Dallas Fed Economics
Arbitrage limits heighten dollar shortages abroad during volatile times
U.S. dollars are hard to find in foreign markets during times of heightened risk, as evidenced by two interesting and related features in the post-2007 international financial landscape.
January 09, 2024
Widening gap between rich and poor poses challenge to U.S.
Economist Jeffrey Fuhrer, a nonresident fellow at the Brookings Institution and former Boston Fed director of research, discusses the nation’s income and wealth gaps and offers proposals to close them. Fuhrer’s recently published book, “The Myth that Made Us,” explores inequalities in the nation’s economic system.
December 13, 2023
Just Do IT? An Assessment of Inflation Targeting in a Global Comparative Case Study
This paper introduces novel measures to assess the effectiveness of inflation targeting (IT) and examines its performance across a broad sample of advanced economies (AEs) and emerging market and developing economies (EMDEs).
November 05, 2022